Mainframe Entertainment (ReBoot/Beasties) Message Board

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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)

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To: D.E. Shetland who wrote (206)	12/2/1997 8:15:00 PM
From: Sleeperz	Read Replies (1) of 459

>>>I guess you're a bear on this one, but I would think it'd be dangerous to short something that could pop on a moment's notice. These are the kind of stocks you have to hold and be patient with. They're usually pretty good ones for volatile times.<<< I don't marry stocks neither bear nor bull. Come to think of it if MFE is was such a cash cow why did Alliance bail? They could have held on for more money. Anyways MFE says they expect to lose money this FY98. I guess thats why they hit the Equity market while the going was good. Actually Loblaws is a stock you hold and be patient with, everyone has to eat. MFE is good for trading since it is volatile and who knows how long the Equipment the bought is good for. Technology is becoming obsolete quite quickly. Thus probably the need for money to buy new equipment when the Cash flow is not so good. cl

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